If the majority of light-duty vehicles in the United States ran on higher-octane gasoline, the automotive industry as a whole would reduce its carbon dioxide emissions by 35 million tons per year, saving up to $6 billion in fuel costs, according to a new analysis by MIT researchers.

In a study published in the journal Environmental Science & Technology, the team considered a scenario in which fuel is manufactured under a redefined octane rating — the measure of a gasoline’s ability to resist engine knocking during combustion.

Which kind of power is the cheapest? Listen to energy companies, and they'll insist that traditional forms like gas and coal are the way to go. Of course, they have money invested in keeping the existing systems in business. That's why the European Union commissioned an independent analysis to study the topic. According to the report, wind energy is the most cost-efficient way to supply power. When proponents of non-renewable energy point to costs, they intentionally overlook the overall economic impact that polluting causes. Once experts start to calculate the costs associated with public health and climate change that coincide with burning coal and gas, the true cost is far higher than initially reported. It's both irresponsible and shortsighted to ignore these environmental and health consequences from the equation.